GTBIF dipped under the long-term $7 support shelf all the way down to $3.75. And there came the big bottom. Now, look for that shelf to be retaken as the company posts 300% top-line growth.
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I'll be continuing the earlier trade idea picking up close to the bottom and taking profits at the trendline. Watching valentines day news from CGC to help the sector.
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GTBIF held nicely in this recent pullback. Bounced off the 618 daily FIB. one of my longs. I didn't expect a break out of the channel as soon as it did.
I'd love to see a 50% retrace ($9.15) and a bounce of the old trend line.
Surprised the 7/2019 weekly resistance is holding this back. Am I missing something larger?
GTBIF is reversing its trend and rising with the sector, but lagging in how bullish it is. Weekly resistances shown... Gap moves on the daily but these candle stick wicks scream a lot of indecision! I'm long on GTBIF, originally played the channel from the bottom, and am looking for a clear retest to open a larger position.
Interesting that CGC is stagnant, refusing to breakout, when the rest of the sector is up big.
I've been looking for an entry into the MJ market for the past 6 months and have been watching a few ones closer than others. GTBIF has established nice support and has bounced a few times now. They bucked the steeper downtrend channel and formed a fairly parallel channel enclosing the current base support. I bought in the other day at 8 hoping to catch a bounce...
GTBIF The stock is showing technical signs of successfully forming a bullish base on MACD divergence, support hold, and trendline breakout. Green Thumb Industries Inc (OTCMKTS:GTBIF) recently announced its financial results for the third quarter ended September 30, 2019. All currency is in U.S. dollars, unless noted otherwise. According to the release,...
Meaningful resistance approaches as the dropping 200ma comes into view. This would be a good opportunity to take profits is the rally can get that far.
Chicago-based Green Thumb (GTBIF – Get Report) owns the Rise and Essence brands of retail cannabis outlets, with more than 50 retail stores under the Rise name and additional outlets through third-party marketers. Green Thumb’s calendar Q2 earnings release showed $44.7 million in revenues, a 60% sequential gain and a 228% year-over-year gain. Organic consumer...
Is this inverted head & shoulders pattern on the hourly the first sign of a bottom for GTII? Be aware of that we are above the recent downtrends low and this could potentially be the higher low in the long term trend.
EARNINGS HIGHLIGHTS CHICAGO and VANCOUVER, British Columbia, Aug. 28, 2019 (GLOBE NEWSWIRE) -- Green Thumb Industries Inc. (“GTI” or the “Company”) (CSE:GTII) (GTBIF), a leading national cannabis consumer packaged goods company and owner of Rise™ and Essence retail stores, today reported its financial results for the second quarter ended June 30, 2019. All...
US MJ - CURA CWEB TRUL OH CL MMEN IAN HARV GTII Very disappointing day to see the sector correlate to bad CGC earnings more than TRUL positive earnings - including TRUL itself! We keep seeing these little hints of momentum shifts but the bulls HAVE TO follow through or they're proving nothing to us. And so far they're proving nothing to us